Mr. Grinspun said his economic team was still gathering information about the state of the economy and had not yet begun drafting policies, but he reaffirmed election pledges by President-elect Raul Alfonsin's reformist Radical Party that the new government would raise real wages in the short term and cut the financial costs of industry by reducing government-controlled interest rates.

The government would also reduce the budget deficit by cutting unnecessary expenditures, although spending on education and health would increase. Grinspun said his team was studying a renegotiation of the foreign debt, which falls due next year.